Martin D.
Looking for a condo that allows for STR
26 June 2024 | 2 replies
Hi BP,I'm a local Realtor/investor to Sedona and find myself traveling back and forth to the airport in Phoenix a lot.
David Rutledge
airbnb friendly metro areas
26 June 2024 | 38 replies
I do not want to go into another vacation market but rather a metro area with a more diversified economy again just to get into a different type of asset.That being said I do want to continue to short term rent the next few properties we get at least in the first few years of ownership in order to increase cash flow to combat these higher prices and carrying costs before potentially converting to more passive long terms down the line.Therefore I am looking for markets that 1) have a decent draw of visitors year round 2) have regulations that allow strs in some parts of the city 3) Are in growing cities in the west or south.Below is a list of markets I have identified as potential places to look and I was hoping to get some insight from either other investors doing the same thing or agents/investors in any of these markets on whether this is potentially a good market to explore or not.1) Salt Lake City (this is right at the top of my list due to its proximity to ski resorts, expanding of the airport and long term strategic business planning of the area but I have very little knowledge of this market)2) Denver 3) Phoenix (used to live in AZ and like the fact that the state of AZ seems to look favorable on strs)4) Tucson (see above but lower home prices/potentially less appreciation)5) San Diego/LA (these are attractive because of their proximity to my home in Irvine)6) San Antonio (love that it is very close to the booming Austin and feel that this is a market that could see some real growth in the future)7) Tampa/St Pete (I have always been very interested in this market for both short term and long term rentals)8) Raleigh (have invested in Charlotte and love NC but again very little knowledge on this area)Any insights or advice on any of this would be greatly appreciated.
Dan Powers
Mt. Airy Flip w/ Detached Garage
26 June 2024 | 1 reply
What made this project unique is the detached garage on the adjacent lot that came with the property.
Phillip Dixon
Advice on Trust/LLC Banking, etc!
26 June 2024 | 3 replies
He would like to see a 7% return on his investment, interest paid monthly, and his money back when we eventually sell or cash out refi (~10 years out).Our current intentions are to live in the new building, rent out our primary, and short term rent the 3 units adjacent to our unit in the new building.
Kinnari Pandya
Best cities for real estate investment
27 June 2024 | 26 replies
I'd focus in downtown adjacent neighborhoods and look at land and new construction too. 43207, 43206, 43205, 43203, 43223, 43222 for Columbus Ohio
Ade Akingbade
Not Going Well - Seeking Advice for Rental Property Challenges
25 June 2024 | 30 replies
**Neighboring Property Condition:** The adjacent row house doesn't have a roof, which may be contributing to my issues.Additionally, I'm struggling to find a tenant.
Jay Martin
Need Advice on Securing Rehab Loan for Seller-Financed Flip
25 June 2024 | 1 reply
Good afternoon and thanks for reading,I have the opportunity to purchase my neighbor’s house (4 bed/4bath/2 kitchens on 3.28 acres of timberland adjacent to prime BLM hunting grounds) in Walton, OR (about 40 miles outside of Eugene) and I need advice on securing capital for the rehab budget of approximately $80k-120k.Purchase price offered to me is $300k with a $50k downpayment and 5% interest with monthly payments and a 1-5 year term.
Dock Newell Jr
Memphis, TN - Out of state Investing
24 June 2024 | 14 replies
Comps may seem to support a certain rent or price, (high or low) but it may be pulling data from an adjacent neighborhood that's much different.Plenty to choose from here - good cash flows in the lower priced properties, but an awareness that it comes with less appreciation and rent growth potential.
Neil Narayan
Austin’s Evolution into Tech Hub and its Effect on the Office Commercial Real Estate
23 June 2024 | 0 replies
.- As semiconductor, electric vehicle and other advanced manufacturing companies flock to central Texas, companies in adjacent high-tech industries are piquing interest in Austin.Austin is one of the most dynamic and exciting technology hubs in the world.
Ritz NA
Need advice on this unique situation
20 June 2024 | 1 reply
We are a few friends with special needs kids, who want to book and buy houses adjacent to each other.